United Arab Emirates Information Technology Small Cap
Yes. As of September 2026, Alpha Data PJSC (ALPHADATA.AD) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alpha Data PJSC passes Musaffa's business and financial screening criteria.
Alpha Data PJSC is a company that engages in digital transformation and system integration services. The company is headquartered in Abu Dhabi, Abu Dhabi. The company went IPO on 2025-03-11. The firm operates through three main segments: the Solutions segment, which delivers IT infrastructure solutions such as servers, storage, network infrastructure, audio visual systems, physical security systems, and backup and disaster recovery solutions, while also integrating advanced technologies including cybersecurity, cloud, mobility, AI, big data, digital transformation, and software automation; the Services segment, which provides managed services, professional services, support and maintenance, and consulting services; and the Talent segment, which focuses on recruiting and outsourcing specialist IT personnel to customers. The company’s subsidiaries include Alpha Data Recruitment LLC, Foresight Technology LLC, Tuqnia LLC OPC, Alpha Data Technology LLC among others.
Alpha Data PJSC ALPHADATA.AD
AED1.44 AED0.03 (2.13%) 1D
Last Updated: Sep 10, 12:00 AM·ADX
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ALPHADATA.AD Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Alpha Data PJSC is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Alpha Data PJSC (ALPHADATA.AD)
FAQ's for Alpha Data PJSC (ALPHADATA.AD)
As of September 2026, Alpha Data PJSC ALPHADATA.AD is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Alpha Data PJSC using these criteria to determine its compliance status.
Muslim investors may consider investing in Alpha Data PJSC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Alpha Data PJSC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Alpha Data PJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Alpha Data PJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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